Nearly Half of Hispanic Children Live in Families With Low Incomes
“Just under half (46%) of Hispanic[1] children under age 18 live in families with low incomes, according to our new analysis of 2023 American Community Survey data (see figure). For this analysis, low-income families include those with earnings up to two times the official poverty threshold (i.e., 200% of the Federal Poverty Level, or FPL) as a general approximation of the income needed to meet a family’s basic needs. This translates to $60,000 per year for a family of four in 2023.
Nineteen percent of Hispanic children live in families whose income is below the official poverty threshold—$30,000 per year for a family of four in 2023. Eight percent live in deep poverty; that is, their family incomes are less than half of the official poverty threshold, or $15,000 per year for a family of four in 2023.”
Read more at Child Trends.